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Is IIM Calcutta an "IIM Ahmedabad" rejected college?
I think comparing both IIM Ahmedabad and IIM Calcutta is doing injustice to these colleges. Both the IIMs are excellent at their own level.
If you consider the rankings then IIM Ahmedabad tips the list and IIM Calcutta comes next. But do rankings really matter that much? It might be possible that a certain college is on top of the list but inconvenient for you and a certain college is second in the list and is best suited for you.
I have seen friends who have rejected offers from IIM Ahmedabad and went for IIM Calcutta because it suited their needs better.
Some special features of IIM Calcutta that IIM Ahmedabad does not have are:
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A finance lab with a Bloomberg terminal
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Top notch finance faculty
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CEMS-MiM programme (Masters in Management programme ranked 7th in the world)
So yes IIM Ahmedabad is the best IIM but IIM Calcutta is also not an ordinary one. Choose the one that suits your needs best rather than which ranks the most.
How can a student from poor family afford to study at IIM Ahmedabad? My father nearly had a heart attack when he heard about their fees structure. Is 25+ lakhs for a 2 year MBA program worth it?
Without any doubt the fees structure at IIM Ahmedabad for MBA programs is extremely high. But trust my word when I say your investment won’t go in vain. 2 years later you will thank yourself for not letting go of this golden opportunity.
There are many banks that offer loans with minimal or no collaterals, discounted interest rates and extended moratorium periods.
Another option is fee waiver seats. IIM Ahmedabad is one of the best institutes that offer fee waiver facilities to financially weak strata. Some are lucky enough to get as much as 80% of their fees waived off. The remaining 20% can be handled by an educational loan.
So once you put your trust and will into it, you will find ways to overcome the money issue. And obviously the result you will get in a few years will have you forgotten about your struggles.
Is SSCBS really the best undergraduate business school in India? Is it popular in IIM Ahmedabad because outside Delhi no one knows about it?
SSCBS is one of the best undergraduate schools in India. Some amazing facts about this school are:
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SSCBS has been ranked as second best undergraduate management college in Asia
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SSCBS is the youngest institution in its own league
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SSCBS is a state-funded college (DU) so the fees are affordable
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SSCBS is the only college in India that offers BFIA/ BBA(FIA). It is now planning to offer a specialized course in financial mathematics in the coming years.
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SSCBS has a small batch size so it’s fully dedicated to its students.
So it does not matter that SSCBS is not famous outside Delhi. What matters is that it is a great college.
What is the procedure to defer admission to IIM Ahmedabad?
Every student that gets selected to IIM Ahmedabad gets an option to defer their admission provided that the person must have full time work experience of less than 2 years.
This corporate experience gives a better understanding of the PGP program.
Some important points related to deferring admission are:
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Defer can be for a maximum of 2 years and a minimum of 1 year
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1 year deferment is not allowed for freshers. They need to defer for at least 2 years and gain experience.
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A separate form needs to be filled for applying for deferment.
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Fees include Security Deposit + deferment fee = 2 lacs. If you don’t join after the end of the deferment period, this amount will be forfeited.
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Your progress will be monitored throughout.
To get your admission deferred, all you need to do is apply and send the form to IIM Ahmedabad. Such requests rarely go unaccepted.
Can I do MBA from IIM Ahmedabad after BSc?
Honestly, anyone with a decent profile can pursue MBA from IIM Ahmedabad. The question is how well you can score in your CAT. Anything below 96 is not accepted.
Another tip that will help you get selected for MBA from IIM Ahmedabad is to make good use of your Bachelor years. You can:
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Study Economics and Business alongside BSc
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Participate in National & University level Business Case Study Competitions
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Enhance your English speaking skills
To prepare for the interviews, read newspapers, articles and essays on current economic issues. Lastly, answer all the questions confidently.
How were you selected for the dual degree exchange programme, simultaneously completing degrees from IIM Ahmedabad and EBS Business School, Germany?
The dual degree exchange program means spending 2 terms abroad. This program has only 10 seats and the criteria for selection is solely performance in the first year at IIMA. You will get a Master in Management degree from your exchange university. But you will have to complete a Master's thesis at the exchange university as a requirement for the degree.
Because of its firmness, this degree is not opted by many students. One of my friends did opt for this degree from EBS and she shared her experience of how she managed to get 2 degrees simultaneously.
Firstly, the course curriculum at EBS ends in June. Then she had to write her thesis and submit it by November. But her job in India was to start in May so she requested to complete the thesis alongside the curriculum. Her request was accepted. She completed her thesis by April and returned back to her job in India.
She was the first person to graduate in her Masters batch at EBS. This degree helped her get a good deal of exposure to academic culture in Europe.
Is it worth joining IIM Nagpur for 10 Lakhs, considering that IIM Ahmedabad will be mentoring it initially?
If you don’t have a better option and can’t wait for a year more, it’s best to go for IIM Nagpur. Although it’s not among the top IIMs, it will not disappoint you. The main reasons for the same are:
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Firstly, IIM Nagpur is mentored by IIM Ahmedabad. So you will get the chance to be taught by IIMA faculty in the same methodology.
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IIM Nagpur is located in a well-connected city so has all the basic facilities like connectivity, a local support system, local industry, and safety.
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The placements at IIM Nagpur are also good considering the students have been trained by IIMA faculty.
If you are tight on budget then pursuing MBA from IIM Nagpur is not a bad choice.
How was your selection process at Guild Capital during IIM Ahmedabad placements?
My sister's friend reached out to the Guild Team for an internship in her 5th semester at IIM Ahmedabad. She wanted some experience in the field of venture capital. Luckily she got selected. Her boss suggested she get some experience in the consulting sector. She was in a dilemma when she received Guild's offer to join.
With no experience, she would be making a risky decision of opting out of the placement process. But she finally took the step and accepted Guild's offer. Today she has no regrets for the same and is well settled.
How do I manage my fees for IIM Ahmedabad?
The campus of IIM Ahmedabad offers stalls from banks that are ready to help you in the entire loan process.
Start your loan application process early. As soon as you get selected your college will get you in touch with the bank officials. Every bank has different interest rates. Choose according to your budget. You just need to fill and submit the documents online and wait.
The banks will cater to all your expenses like fees and reimbursements. All you need to do is drop your mail to the bank's mail ID. You will get instant credit in your account.
When you finally get a job after graduation you have to repay the loan within 6 months or a year.
Which company paid 72 lakhs (highest domestic package this year) to a fresher at IIM Ahmedabad?
I will refrain from mentioning the name of the company as it has not been published and doing so would be a breach of their private policy.
However, if we go through the placement reports of IIM Ahmedabad, a company offered the highest CTC of 72 LPA. This company belongs to the online service sector.
This role is available only to professionals with relevant work experience and not freshers.
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